2015-05-15T09:43:09-05:00 2014-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 W BROADWAY SUITE 100 COLUMBIA MO 65203 990 2013-07-01 710246213 LYON COLLEGE LYON 5017939813 PO BOX 2317 2300 HIGHLAND ROAD BATESVILLE AR 72501 JOHN JONES VICE-PRESIDENT, BUSINESS & FINANCE 8703077326 2015-05-12 1 STEPHEN C SMITH P00048938 5734426171 2013 2016-04-25 22:37:26Z JOHN JONES 2300 HIGHLAND DRIVE BATESVILLE AR 72503 32611464 0 X WWW.LYON.EDU X 1872 AR LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 32 30 499 0 5545 135 2580961 5231339 16452639 16044171 958479 4447156 799443 328134 20791522 26050800 7696738 7923462 0 0 8386367 8023242 0 0 959758 9455093 9987057 25538198 25933761 -4746676 117039 70187350 71145035 21849649 20831605 48337701 50313430 X LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 0 0 11403994 12769435 INSTRUCTION & OTHER ACADEMIC PROGRAMS AND ACADEMIC SUPPORT - UNDERGRADUATE AND NON-CREDIT CLASSES ARE PROVIDED. 7923462 7923462 STUDENT AID AND STUDENT LOANS - SCHOLARSHIPS, WORK STUDY PROGRAMS, AND LOANS ARE MADE AVAILABLE TO ENABLE STUDENTS TO CONTINUE THEIR EDUCATIONS. 2517880 3269191 STUDENT SERVICES & AUXILARY ENTERPRISES - HOUSING, FOOD SERVICES, AND BOOKSTORE ACTIVITIES ARE PROVIDED AS A SERVICE TO THOSE ON CAMPUS TO ENHANCE CAMPUS LIFE. 21845336 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 74 0 1 499 1 1 1 0 0 0 0 0 0 0 0 0 X 32 30 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 X X JOHN JONES 8703077326 2300 HIGHLAND DRIVE BATESVILLE AR 72503 MR PERRY WILSON CHAIRMAN OF THE BOARD 0.50 X X 0 0 0 MR STEPHEN P WILLIAMS '82 VICE CHAIRMAN OF THE BOARD 0.50 X X 0 0 0 MR RICKY DAVIS '80 SECRETARY 0.50 X X 0 0 0 MR CHARLES B WHITESIDE III TREASURER OF THE BOARD 0.50 X X 0 0 0 MS KAY KELLEY ARNOLD BOARD OF TRUSTEES 0.50 X 0 0 0 MR DON BEDELL BOARD OF TRUSTEES 0.50 X 0 0 0 DR CHRIS BELLER BOARD OF TRUSTEES 0.50 X 0 0 0 MRS SUZANNE BLAIR BOARD OF TRUSTEES 0.50 X 0 0 0 MR BILL W BRISTOW '72 BOARD OF TRUSTEES 0.50 X 0 0 0 DR DAVID CHURCHILL '81 BOARD OF TRUSTEES 0.50 X 0 0 0 MR JOHN COOKE '80 BOARD OF TRUSTEES 0.50 X 0 0 0 DR VICTORIA LYNN CRITTENDEN '78 BOARD OF TRUSTEES 0.50 X 0 0 0 MR SCOTT DANIEL BOARD OF TRUSTEES 0.50 X 0 0 0 MR LANDON DOWNING TRUSTEE AND ENROLLMENT REP 40.00 X 17509 0 317 REVEREND DR GORDON GARLINGTON III BOARD OF TRUSTEES 0.50 X 0 0 0 REVEREND BRIEN NIX HALL '92 BOARD OF TRUSTEES 0.50 X 0 0 0 REV STEPHEN C HANCOCK BOARD OF TRUSTEES 0.50 X 0 0 0 MR TYLER HUDGENS BOARD OF TRUSTEES 0.50 X 0 0 0 MR DAVID L JONES '99 BOARD OF TRUSTEES 0.50 X 0 0 0 MR RAYMOND A LACROIX JR BOARD OF TRUSTEES 0.50 X 0 0 0 DR SCOTT MERRELL BOARD OF TRUSTEES 0.50 X 0 0 0 MR MARK NICHOLS BOARD OF TRUSTEES 0.50 X 0 0 0 MS SARAH L OQUIST '93 BOARD OF TRUSTEES 0.50 X 0 0 0 MRS CAROLYN PEISERICH BOARD OF TRUSTEES 0.50 X 0 0 0 MR W LEN RAYBURN '91 BOARD OF TRUSTEES 0.50 X 0 0 0 MR JD SIMPSON III BOARD OF TRUSTEES 0.50 X 0 0 0 DR SHANE SMITH '93 BOARD OF TRUSTEES 0.50 X 0 0 0 REVEREND STEWART SMITH BOARD OF TRUSTEES 0.50 X 0 0 0 MR WARREN STEPHENSON BOARD OF TRUSTEES 0.50 X 0 0 0 MS DEBORAH WILLHITE '74 BOARD OF TRUSTEES 0.50 X 0 0 0 MR SCOTT WOOD BOARD OF TRUSTEES 0.50 X 0 0 0 DR ROBERT YOUNG III BOARD OF TRUSTEES 0.50 X 0 0 0 DR DONALD WEATHERMAN PRESIDENT 40.00 X X 226200 0 36411 KENNETH J RUETER VP FOR BUSINESS & FINANCE 40.00 X 120394 0 10083 DAVID L HERINGER VP FOR ADMINISTRATION 40.00 X 120251 0 5218 F BRUCE JOHNSTON VP FOR STUDENT LIFE 40.00 X 103888 0 19678 VIRGINIA F WRAY VP FOR ACADEMIC SERVICE 40.00 X 101065 0 7797 ALAN H MCNAMEE PROFESSOR OF ACCOUNTING 40.00 X 100288 0 45556 789595 0 125060 6 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING AND MAINTENANCE MANAGEMENT 1079457 INNOVATIVE POWER SOLUTIONS 8606 RIVERWOOD DRIVE NORTH LITTLE ROCK AR 72113 ENERGY IMPROVEMENTS 400272 OZARK INFORMATION SERVICES 199 GENERAL STREET BATESVILLE AR 72501 INFORMATION TECHNOLOGY MANAGEMENT 301794 EAST HARDING INC 2230 COTTONDALE LANE LITTLE ROCK AR 72202 CONSTRUCTION 249204 CUSTOM PRINTING CO 1724 PIKE AVENUE NORTH LITTLE ROCK AR 72114 MAILING SERVICES 247483 7 1551022 3680317 173746 5231339 TUITION & FEES 900099 16024195 16024195 INTEREST ON LOANS 900099 14431 14431 DINING HALL 722320 5470 5470 ADVERTISING INCOME 541800 75 75 16044171 2157402 2157402 18924 138787 -119863 -119863 -119863 8655167 6365413 2289754 2289754 2289754 91863 56464 35399 35399 MISCELLANEOUS 900099 412598 412598 412598 26050800 16038626 5545 4775290 7923462 7923462 419959 97741 261129 61089 6017633 4976745 596725 444163 1585650 1245503 154713 185434 59065 59065 56450 56450 138748 138748 559064 559064 80844 43300 32178 5366 723601 409771 198260 115570 7110 7110 2914318 1051885 1856372 6061 573570 491614 52044 29912 1590 1508 82 679868 523087 156781 1458370 1181817 276553 370325 91588 278737 ALLOCATED O&M EXPENSES 0 1846678 -1846678 FOOD SERVICE CONTRACT 831391 831391 STUDENT SERVICE AND OTH 789605 789605 MISCELLANEOUS EXPENSE 296007 122342 84104 89561 447131 211697 212914 22520 25933761 21845336 3128667 959758 1296950 1728047 737260 1137594 2530538 2925396 287794 645885 449675 475404 59842 77815 539520 640446 60639295 34468801 26372066 26170494 32141946 31491547 5724665 5825058 47094 27349 70187350 71145035 880510 1175600 407700 362400 15930000 15530000 15620 15981 2227242 1194062 2388577 2553562 21849649 20831605 X 3110493 1395420 885779 3897386 44341429 45020624 48337701 50313430 70187350 71145035 X 117039 2130139 -271449 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 38361940 650915 5601298 646116 1513884 42454153 37117270 452123 4414152 1081791 2539814 38361940 39453320 144872 483046 882529 2081439 37117270 34902543 160668 6190109 531768 1268232 39453320 32701545 1542177 2491676 562018 1270837 34902543 0.02600 0.93180 0.04220 1 0 101100 802916 904016 1536892 39298253 19333449 21501696 5359458 3928987 1430471 12603489 11206365 1397124 937187 937187 26170494 CERTIFICATES OF DEPOSIT 63497 F FUNDS HELD IN TRUST BY OTHERS 5461787 F OTHER INVESTMENTS 286636 F OTHER INVESTMENTS 13138 C 5825058 ANNUITIES PAYABLE 425756 STUDENT DEPOSITS 230816 CONDITIONAL ASSET RETIREMENT OBLIGA 976253 FEDERAL CONTRIBUTION PAYABLE 656174 ACCRUED INTEREST PAYABLE 264563 2553562 20042531 2130139 -8194911 -6064772 26107303 138748 -195251 -56503 26050800 18066802 195251 195251 17871551 138748 7923462 8062210 25933761 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE ENDOWED FACULTY CHAIRS, CONCERTS AND LECTURES, FELLOWSHIPS, LIBRARY, FACILITY MAINTENANCE, SCHOLARSHIPS, AND GENERAL UNRESTRICTED PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -7,923,462. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -155,201. UNCOLLECTABLE PLEDGES -116,248. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME -138,787. AMOUNT REPORTED AS COST OF GOODS SOLD -56,464. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME 138,787. AMOUNT REPORTED AS COST OF GOODS SOLD 56,464. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 7,923,462. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL COLLEGE RELEASES AND SOLICITATIONS INCLUDE A NONDISCRIMINATION POLICY STATEMENT. SCHEDULE E, PART I, LINE 6 GRANTS AND SCHOLARSHIPS ARE MADE TO STUDENTS ON AN OBJECTIVE BASIS RELATED TO ACADEMIC PERFORMANCE AND FINANCIAL NEED. 1 STUDENT FINANCIAL AID 562 7923462 PART I, LINE 2: EACH ACADEMIC YEAR THE OFFICE OF INSTITUTIONAL ADVANCEMENT PROVIDES THE OFFICE OF FINANCIAL AID A DETAILED LIST OF THE COLLEGE'S ENDOWED SCHOLARSHIPS, ALONG WITH THE CURRENT MARKET VALUE OF EACH SCHOLARSHIP, AND STATED CRITERIA RESTRICTIONS, IF ANY, REQUIRED FOR RECIPIENTS OF THOSE SCHOLARSHIPS. THE OFFICE OF FINANCIAL AID, FROM THAT LIST PROVIDED BY THE OFFICE OF INSTITUTIONAL AID, MATCHES STUDENTS WHO RECEIVE INSTITUTIONAL AID WITH THOSE ENDOWED SCHOLARSHIPS TO WHICH THEY ARE ELIGIBLE. THE LIST OF MATCHES IS THEN RETURNED TO THE OFFICE OF INSTITUTIONAL ADVANCEMENT. X X X X X 1 1 X 0 0 0 0 0 0 0 0 0 DR DONALD WEATHERMAN PRESIDENT 222390 0 0 0 3810 0 3381 0 33030 0 262611 0 0 0 PART I, LINE 1B THE CEO/PRESIDENT OF LYON COLLEGE HAS A WRITTEN CONTRACT WHICH IS RENEWED ON AN ANNUAL BASIS. THIS CONTRACT PROVIDES FOR THE PROVISIONS THAT ARE CHECKED IN PART I, 1A (TRAVEL FOR COMPANIONS, DISCRETIONARY SPENDING ACCOUNT, PERSONAL RESIDENCE, SOCIAL CLUB DUES AND A HOUSEKEEPER FOR PERSONAL SERVICES). THE CONTRACT REQUIRES THE CEO/PRESIDENT TO LIVE ON CAMPUS AND TO OPEN THE RESIDENCE TO STUDENTS, FACULTY, STAFF AND COMMUNITY AS NEEDED TO FURTHER THE COLLEGE'S MISSION. THE COLLEGE FOLLOWS THE PROVISIONS THAT ARE IN THE CONTRACT ALTHOUGH THERE IS NO FORMAL WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT. A INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG4 2006-10-26 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 B INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG6 2003-10-07 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 C INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BH2 2009-09-29 2930000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 D INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BJ8 2010-06-16 3000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 A 200000 5000000 300000 3615253 1084747 2009 0 0 1 1 B 200000 5000000 300000 28500 4671500 2004 0 0 1 1 C 2930000 2889959 40041 0 1 1 1 D 3000000 28700 1242513 1728787 2011 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 C 0 0 1 0 0 0 0 0 0 D 0 0 1 0 0 0 0 0 0 A 0 B 0 C 0 D 0 FRANK LYON JR FORMER TRUSTEE 675631 INTEREST ON BONDS ISSUED BY INDEPENDENCE COUNTY, ARKANSAS PUBLIC HEALTH, EDUCATION, AND HOUSING FACILITIES BOARD SOLD IN A PRIVATE PLACEMENT TO MR. LYON 0 X 1 167087 AVG PRICE, DATE OF GIFT X JEWELRY 3 6304 RESALE VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DOYLE ROGERS, JR AND BARBARA HOOVER ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF BUSINESS AND FINANCE AND THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12 THE COLLEGE PRESIDENT'S SALARY WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE COLLEGE CABINET THAT INCLUDES THE VICE PRESIDENT OF ACADEMIC AFFAIRS, VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, VICE PRESIDENT OF STUDENT AFFAIRS, VICE PRESIDENT OF ENROLLMENT SERVICES, AND VICE PRESIDENT OF BUSINESS AND FINANCE WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -155,201. UNCOLLECTABLE PLEDGES -116,248. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NO CHANGE THE PROCESS FOR OVERSIGHT OF THE AUDIT OR SELECTION OF THE INDEPENDENT ACCOUNTANT DURING THE YEAR.